Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Rose, Sam and Tom form a partnership to run their business. The total profit will be shared between Rose, Sam and Tom in the ratio
- Rose, Sam and Tom form a partnership to run their business. The total profit will be shared between Rose, Sam and Tom in the ratio 7:5:8 respectively. Last year, Sam's share of the profit was $70,000. Calculate the total profit for last year.
2.A clothing store marks up the cost of all clothing by 350%.If the store sells a pair of jeans for $180, how much did the pair of jeans cost the store?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started